Selling a Business in New Mexico
Selling a business in New Mexico means pricing it correctly, preparing the records a buyer will ask for and finding a buyer who can pay and close. New Mexico has 44,861 employer businesses and about 145,351 more with no employees. This page covers the numbers, the steps and what buyers look for.
LOCAL SNAPSHOT
New Mexico by the numbers
44,861
44,861
EMPLOYER BUSINESSES
85%
85%
SMALL EMPLOYER SHARE
145,351
145,351
BUSINESSES WITH NO EMPLOYEES
658,702
658,702
EMPLOYMENT
$35.0 billion
$35.0 billion
ANNUAL PAYROLL
19,594
19,594
BUSINESSES WITH 5 TO 49 EMPLOYEES
U.S. Census Bureau, County Business Patterns 2023 and Nonemployer Statistics 2024. Counts are employer establishments, meaning business locations with paid employees.
How New Mexico compares
New Mexico ranks 38th among the 50 states and the District of Columbia for employer businesses.
The number of employer businesses grew 2.4% between 2018 and 2023.
Retail makes up 14% of employer businesses in New Mexico, compared with 12% nationwide.
19,594 employer businesses here have 5 to 49 employees.
New Mexico ranks 38th among the 50 states and the District of Columbia for employer businesses.
The number of employer businesses grew 2.4% between 2018 and 2023.
Retail makes up 14% of employer businesses in New Mexico, compared with 12% nationwide.
19,594 employer businesses here have 5 to 49 employees.
How a sale works in New Mexico
A sale follows the same sequence in every market. The business is valued from its earnings, assets, size and industry. The records a buyer will ask for are prepared. The business is marketed without naming it, and buyers are asked to sign a non-disclosure agreement before they see the name or the financial statements. Each buyer is checked for money and fit, the letter of intent is negotiated, the buyer's review of the books is managed, and the sale is carried to closing.
State rules on tax clearance, bulk sale notices and the transfer of permits and licenses differ from state to state.
Rules that apply in New Mexico
Sales tax and the buyer's liability
The New Mexico Taxation and Revenue Department says a successor to a business may become liable for taxes the business incurred and did not pay if the successor does not receive a tax clearance. The Department says this covers taxes such as gross receipts tax, withholding tax and corporate income and franchise taxes, but not personal income tax. A buyer may request a tax clearance and must place enough money in a trust account to cover any tax owed, and the Department has 30 days after a complete request to issue the clearance or a notice of the amount due. Source: Taxation and Revenue Department tax clearance page
Unemployment insurance account
The New Mexico Department of Workforce Solutions says an experience transfer, the move of a seller's unemployment tax history to a buyer, can be a total transfer, a partial transfer or a consolidation. The Department sends the successor a notice that also states its tax rate, and an employer that disagrees may request review within fifteen days of the letter. Source: Department of Workforce Solutions experience transfer notice page
These points come from official New Mexico agency pages checked on 2026-10-24. Rules change, so check the linked agency page for the current version. This is general information and not legal or tax advice.
A sale follows the same sequence in every market. The business is valued from its earnings, assets, size and industry. The records a buyer will ask for are prepared. The business is marketed without naming it, and buyers are asked to sign a non-disclosure agreement before they see the name or the financial statements. Each buyer is checked for money and fit, the letter of intent is negotiated, the buyer's review of the books is managed, and the sale is carried to closing.
State rules on tax clearance, bulk sale notices and the transfer of permits and licenses differ from state to state.
Rules that apply in New Mexico
Sales tax and the buyer's liability
The New Mexico Taxation and Revenue Department says a successor to a business may become liable for taxes the business incurred and did not pay if the successor does not receive a tax clearance. The Department says this covers taxes such as gross receipts tax, withholding tax and corporate income and franchise taxes, but not personal income tax. A buyer may request a tax clearance and must place enough money in a trust account to cover any tax owed, and the Department has 30 days after a complete request to issue the clearance or a notice of the amount due. Source: Taxation and Revenue Department tax clearance page
Unemployment insurance account
The New Mexico Department of Workforce Solutions says an experience transfer, the move of a seller's unemployment tax history to a buyer, can be a total transfer, a partial transfer or a consolidation. The Department sends the successor a notice that also states its tax rate, and an employer that disagrees may request review within fifteen days of the letter. Source: Department of Workforce Solutions experience transfer notice page
These points come from official New Mexico agency pages checked on 2026-10-24. Rules change, so check the linked agency page for the current version. This is general information and not legal or tax advice.
What buyers look for
Buyers look first at profit that holds up under review. Three years of tax returns and profit and loss statements that match each other carry more weight than a high number that cannot be shown.
How much of the business depends on the owner
How concentrated sales are among a few customers
The lease, its remaining term and the landlord's consent to a sale
The condition of equipment and the contracts that transfer
Buyers look first at profit that holds up under review. Three years of tax returns and profit and loss statements that match each other carry more weight than a high number that cannot be shown.
How much of the business depends on the owner
How concentrated sales are among a few customers
The lease, its remaining term and the landlord's consent to a sale
The condition of equipment and the contracts that transfer
INDUSTRIES
What sells in New Mexico
Retail, health care and social assistance, accommodation and food service, construction
Every kind of business we sell in New Mexico
We sell businesses in every one of these industries in New Mexico. Counts are employer businesses in the closest Census industry codes. Industries without a clean Census match are listed without a count, and a few industries share one Census category, so their counts match. A sale multiple is the price a business typically sells for as a multiple of its earnings. SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization.
Construction & Engineering
4,822 related employer businesses in New Mexico.
General Contracting: 1,396 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Plumbing: 691 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 691 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 604 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Interior Finishing: 572 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 405 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Civil Engineering: 383 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Foundation & Site Prep: 363 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Roofing & Siding: 221 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Masonry: 85 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Remediation & Restoration: 55 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Carpentry & Framing: 47 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Restaurants & Food
3,812 related employer businesses in New Mexico.
Quick-Service & Fast Food: 1,651 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 1,329 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 485 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 246 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 70 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 31 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Medical Practices
2,988 related employer businesses in New Mexico.
Primary & Family Care: 835 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 684 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 348 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 325 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Home Health & Hospice: 226 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Veterinary Medicine: 209 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Medical Labs & Imaging: 151 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Vision & Eye Care: 87 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Specialty Medicine: 65 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Urgent Care Clinics: 58 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Financial & Professional Services
2,792 related employer businesses in New Mexico.
Accounting & Tax Practices: 762 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 755 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 746 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Private Lending: 249 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Wealth Management: 248 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Mortgage Brokerages: 32 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Retail Stores
2,339 related employer businesses in New Mexico.
Fashion, Apparel & Jewelry: 676 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Hardware, Garden & Building: 464 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 437 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Home Decor & Furniture: 272 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Hobby, Toys & Gift Shops: 216 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Sporting Goods & Firearms: 142 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Electronics & Repair: 132 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Automotive & Boat
1,742 related employer businesses in New Mexico.
Auto Repair: 636 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 348 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 311 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 209 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 134 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 98 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Boat Dealerships: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Logistics & Transportation
1,259 related employer businesses in New Mexico.
General Freight Trucking: 857 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Heavy Haul Transport: 106 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Last-Mile & Courier: 95 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Warehousing & Fulfillment: 71 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Commercial Moving: 60 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
Freight Brokerage & 3PL: 42 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
NEMT & Passenger Transport: 28 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Manufacturing
1,022 related employer businesses in New Mexico.
Food & Beverage Manufacturing: 249 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Metal Fabrication: 217 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 133 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Medical & Chemical Manufacturing: 106 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Construction Materials Manufacturing: 105 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Wood & Furniture Manufacturing: 102 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Electronics & Tech Manufacturing: 75 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Textile & Apparel Manufacturing: 35 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Energy & Utilities
937 related employer businesses in New Mexico.
Oil & Gas Services: 454 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Water & Wastewater Services: 204 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 143 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Waste Management & Recycling: 119 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Solar & Renewable Energy: 17 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Home Services
872 related employer businesses in New Mexico.
Property Management: 405 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Residential Cleaning: 312 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 312 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Pest Control: 109 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 46 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Hospitality & Travel
863 related employer businesses in New Mexico.
Hotels: 627 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 627 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 112 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Campgrounds & RV Parks: 66 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Bed & Breakfasts / Inns: 36 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Travel Agencies: 22 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Gas Stations & Convenience
829 related employer businesses in New Mexico.
Gas Stations: 785 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 44 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Wholesale & Distribution
829 related employer businesses in New Mexico.
Industrial & Construction Supply: 398 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 168 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Electronics, IT & Office Equipment Distribution: 119 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 74 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Medical, Dental & Pharmaceutical Distribution: 36 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 21 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 13 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Beauty & Personal Care
591 related employer businesses in New Mexico.
Hair Salons: 362 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 121 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 121 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 121 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Nail Salons: 75 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Barber Shops: 33 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Pharmacies & Medical Supply
541 related employer businesses in New Mexico.
Home Infusion: 226 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Compounding Pharmacies: 181 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 181 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Medical Supply Retail: 71 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Durable Medical Equipment (DME): 63 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Technology & Media
490 related employer businesses in New Mexico.
Digital Marketing Agencies: 129 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Creative Agencies: 124 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Media, Film & Studio Production: 112 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 73 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 52 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Education & Childcare
486 related employer businesses in New Mexico.
Daycare Centers: 449 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 37 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Senior Care & Living
400 related employer businesses in New Mexico.
Non-Medical Home Care: 273 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 106 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 21 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
Health & Fitness
332 related employer businesses in New Mexico.
Gyms & Health Clubs: 201 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 201 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 201 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 201 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 131 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Entertainment & Recreation
313 related employer businesses in New Mexico.
Bars & Pubs: 120 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 120 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 117 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 40 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Arcades & FECs: 18 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Bowling Alleys: 18 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Event Venues. Typical sale multiple: 2.8x - 3.5x Earnings.
Banquet Halls. Typical sale multiple: 3.5x - 4.5x Earnings.
Escape Rooms. Typical sale multiple: 1.5x - 3.5x SDE.
Pet Services
205 related employer businesses in New Mexico.
Pet Grooming & Spas: 136 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 136 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 69 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
Land & Agriculture
4 related employer businesses in New Mexico.
Agricultural Labor Contracting: 4 employer businesses here. Typical sale multiple: 2.4x - 6.09x EBITDA.
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
We sell businesses in every one of these industries in New Mexico. Counts are employer businesses in the closest Census industry codes. Industries without a clean Census match are listed without a count, and a few industries share one Census category, so their counts match. A sale multiple is the price a business typically sells for as a multiple of its earnings. SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization.
Construction & Engineering
4,822 related employer businesses in New Mexico.
General Contracting: 1,396 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Plumbing: 691 employer businesses here. Typical sale multiple: 3.5x - 5.0x SDE.
HVAC Services: 691 employer businesses here. Typical sale multiple: 4.6x - 7.0x EBITDA.
Electrical: 604 employer businesses here. Typical sale multiple: 4.0x - 8.0x EBITDA.
Interior Finishing: 572 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Landscaping: 405 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Civil Engineering: 383 employer businesses here. Typical sale multiple: 7.0x - 11.0x EBITDA.
Foundation & Site Prep: 363 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Fleet.
Roofing & Siding: 221 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Masonry: 85 employer businesses here. Typical sale multiple: 2.5x - 4.0x EBITDA + Equipment.
Remediation & Restoration: 55 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Carpentry & Framing: 47 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Restaurants & Food
3,812 related employer businesses in New Mexico.
Quick-Service & Fast Food: 1,651 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Full-Service Restaurants: 1,329 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Coffee Shops: 485 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Grocery Stores & Markets: 246 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Liquor, Wine & Beer Stores: 70 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Bakeries: 31 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Ghost Kitchens. Typical sale multiple: 2.0x - 3.0x SDE.
Medical Practices
2,988 related employer businesses in New Mexico.
Primary & Family Care: 835 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE.
Dental Practices: 684 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Mental & Behavioral Health: 348 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE.
Physical Therapy & Rehab: 325 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Home Health & Hospice: 226 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Veterinary Medicine: 209 employer businesses here. Typical sale multiple: 6.0x - 9.0x EBITDA.
Medical Labs & Imaging: 151 employer businesses here. Typical sale multiple: 4.5x - 6.5x EBITDA.
Vision & Eye Care: 87 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Specialty Medicine: 65 employer businesses here. Typical sale multiple: 5.0x - 7.0x EBITDA.
Urgent Care Clinics: 58 employer businesses here. Typical sale multiple: 4.0x - 6.0x EBITDA.
Financial & Professional Services
2,792 related employer businesses in New Mexico.
Accounting & Tax Practices: 762 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Insurance Agencies: 755 employer businesses here. Typical sale multiple: 6.0x - 8.0x EBITDA.
Real Estate Brokerages: 746 employer businesses here. Typical sale multiple: 2.5x - 4.5x SDE.
Private Lending: 249 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Wealth Management: 248 employer businesses here. Typical sale multiple: 2.7x - 4.0x Recurring Revenue.
Mortgage Brokerages: 32 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Retail Stores
2,339 related employer businesses in New Mexico.
Fashion, Apparel & Jewelry: 676 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE + Inventory.
Hardware, Garden & Building: 464 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE + Inventory.
Health, Beauty & Pharmacy: 437 employer businesses here. Typical sale multiple: 2.8x - 4.2x EBITDA.
Home Decor & Furniture: 272 employer businesses here. Typical sale multiple: 2.2x - 3.2x SDE + Inventory.
Hobby, Toys & Gift Shops: 216 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE + Inventory.
Sporting Goods & Firearms: 142 employer businesses here. Typical sale multiple: 2.3x - 3.4x SDE.
Electronics & Repair: 132 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Automotive & Boat
1,742 related employer businesses in New Mexico.
Auto Repair: 636 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE.
Auto Parts: 348 employer businesses here. Typical sale multiple: 2.5x - 3.2x SDE + Inventory.
Car Dealerships: 311 employer businesses here. Typical sale multiple: 2x - 8x Blue Sky + Assets.
Collision Repair: 209 employer businesses here. Typical sale multiple: 3.5x - 5.0x EBITDA.
Car Washes: 134 employer businesses here. Typical sale multiple: 4.5x - 7.0x EBITDA.
Towing & Repo: 98 employer businesses here. Typical sale multiple: 3.0x - 4.0x EBITDA + Fleet.
Boat Dealerships: 6 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Logistics & Transportation
1,259 related employer businesses in New Mexico.
General Freight Trucking: 857 employer businesses here. Typical sale multiple: 2.44x - 3.45x SDE.
Heavy Haul Transport: 106 employer businesses here. Typical sale multiple: 3.5x - 4.5x SDE.
Last-Mile & Courier: 95 employer businesses here. Typical sale multiple: 2.76x - 3.32x SDE.
Warehousing & Fulfillment: 71 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Commercial Moving: 60 employer businesses here. Typical sale multiple: 1.5x - 3.0x SDE.
Freight Brokerage & 3PL: 42 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
NEMT & Passenger Transport: 28 employer businesses here. Typical sale multiple: 2.1x - 3.1x SDE.
Port Drayage. Typical sale multiple: 2.5x - 3.5x SDE.
Manufacturing
1,022 related employer businesses in New Mexico.
Food & Beverage Manufacturing: 249 employer businesses here. Typical sale multiple: 3.1x - 4.5x SDE.
Metal Fabrication: 217 employer businesses here. Typical sale multiple: 3.2x - 4.2x SDE.
Printing & Plastics: 133 employer businesses here. Typical sale multiple: 2.9x - 4.9x SDE.
Medical & Chemical Manufacturing: 106 employer businesses here. Typical sale multiple: 4.5x - 8.0x EBITDA.
Construction Materials Manufacturing: 105 employer businesses here. Typical sale multiple: 2.5x - 5.0x EBITDA.
Wood & Furniture Manufacturing: 102 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Electronics & Tech Manufacturing: 75 employer businesses here. Typical sale multiple: 4.0x - 7.5x EBITDA.
Textile & Apparel Manufacturing: 35 employer businesses here. Typical sale multiple: 2.5x - 3.8x SDE.
Energy & Utilities
937 related employer businesses in New Mexico.
Oil & Gas Services: 454 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA + Equipment.
Water & Wastewater Services: 204 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Propane & Fuel Distribution: 143 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Waste Management & Recycling: 119 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Assets.
Solar & Renewable Energy: 17 employer businesses here. Typical sale multiple: 3.5x - 6.0x EBITDA.
Home Services
872 related employer businesses in New Mexico.
Property Management: 405 employer businesses here. Typical sale multiple: 3.0x - 4.5x SDE.
Residential Cleaning: 312 employer businesses here. Typical sale multiple: 1.5x - 2.6x SDE.
Commercial Cleaning: 312 employer businesses here. Typical sale multiple: 2.47x - 4.11x EBITDA.
Pest Control: 109 employer businesses here. Typical sale multiple: 2.34x - 2.90x SDE.
Security Systems: 46 employer businesses here. Typical sale multiple: 3.0x - 4.9x EBITDA.
Audio Visual (AV). Typical sale multiple: 3.0x - 5.0x EBITDA.
Junk Removal. Typical sale multiple: 1.5x - 3.0x SDE.
Pool & Spa Service. Typical sale multiple: 3.0x - 4.0x EBITDA.
Hospitality & Travel
863 related employer businesses in New Mexico.
Hotels: 627 employer businesses here. Typical sale multiple: 2.6x - 5.1x EBITDA.
Motels: 627 employer businesses here. Typical sale multiple: 1.1x - 2.5x SDE.
Transportation Services: 112 employer businesses here. Typical sale multiple: 2.0x - 4.1x SDE.
Campgrounds & RV Parks: 66 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA.
Bed & Breakfasts / Inns: 36 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Travel Agencies: 22 employer businesses here. Typical sale multiple: 2.3x - 3.2x SDE.
Gas Stations & Convenience
829 related employer businesses in New Mexico.
Gas Stations: 785 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA + Real Estate.
Convenience Stores: 44 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE + Inventory.
Truck Stops & Travel Centers. Typical sale multiple: 3.5x - 5.5x EBITDA + Real Estate.
Wholesale & Distribution
829 related employer businesses in New Mexico.
Industrial & Construction Supply: 398 employer businesses here. Typical sale multiple: 3.0x - 4.0x SDE.
Food & Beverage Distribution: 168 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Electronics, IT & Office Equipment Distribution: 119 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Chemicals, Plastics & Raw Materials Distribution: 74 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Medical, Dental & Pharmaceutical Distribution: 36 employer businesses here. Typical sale multiple: 3.5x - 4.5x EBITDA.
Packaging, Paper & JanSan Distribution: 21 employer businesses here. Typical sale multiple: 2.5x - 3.5x SDE.
Consumer Goods & Apparel Distribution: 13 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE + Inventory.
Beauty & Personal Care
591 related employer businesses in New Mexico.
Hair Salons: 362 employer businesses here. Typical sale multiple: 1.25x - 2.34x SDE.
Day Spas: 121 employer businesses here. Typical sale multiple: 1.8x - 2.8x SDE.
Tattoo Shops: 121 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Massage Parlors: 121 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE.
Nail Salons: 75 employer businesses here. Typical sale multiple: 1.4x - 1.88x SDE.
Barber Shops: 33 employer businesses here. Typical sale multiple: 1.5x - 2.25x SDE.
Medical Spas. Typical sale multiple: 2.5x - 4.5x EBITDA.
Pharmacies & Medical Supply
541 related employer businesses in New Mexico.
Home Infusion: 226 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Compounding Pharmacies: 181 employer businesses here. Typical sale multiple: 3.5x - 5.5x EBITDA.
Specialty Pharmacies: 181 employer businesses here. Typical sale multiple: 4.0x - 6.5x EBITDA.
Medical Supply Retail: 71 employer businesses here. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Durable Medical Equipment (DME): 63 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Technology & Media
490 related employer businesses in New Mexico.
Digital Marketing Agencies: 129 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Creative Agencies: 124 employer businesses here. Typical sale multiple: 1.8x - 3.0x SDE.
Media, Film & Studio Production: 112 employer businesses here. Typical sale multiple: 2.2x - 3.5x SDE.
Real Estate Media: 73 employer businesses here. Typical sale multiple: 1.5x - 2.8x SDE.
Software Companies (SaaS): 52 employer businesses here. Typical sale multiple: 3.5x - 5.5x SDE.
E-commerce & Online Brands. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Education & Childcare
486 related employer businesses in New Mexico.
Daycare Centers: 449 employer businesses here. Typical sale multiple: 2.39x - 3.35x SDE.
Tutoring Centers: 37 employer businesses here. Typical sale multiple: 2.0x - 3.5x SDE.
Preschools. Typical sale multiple: 3.12x - 4.0x SDE.
Senior Care & Living
400 related employer businesses in New Mexico.
Non-Medical Home Care: 273 employer businesses here. Typical sale multiple: 3.0x - 5.0x SDE.
Assisted Living Facilities: 106 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Senior Living Communities: 21 employer businesses here. Typical sale multiple: 4.0x - 7.0x EBITDA + Real Estate.
Adult Day Services. Typical sale multiple: 2.5x - 4.0x SDE.
Health & Fitness
332 related employer businesses in New Mexico.
Gyms & Health Clubs: 201 employer businesses here. Typical sale multiple: 2.44x - 2.93x SDE.
Yoga Studios: 201 employer businesses here. Typical sale multiple: 2.07x - 2.50x SDE.
Pilates Studios: 201 employer businesses here. Typical sale multiple: 2.10x - 3.00x SDE.
Personal Training Studios: 201 employer businesses here. Typical sale multiple: 2.00x - 2.80x SDE.
Wellness & Recovery Centers: 131 employer businesses here. Typical sale multiple: 5.5x - 9.7x EBITDA.
Entertainment & Recreation
313 related employer businesses in New Mexico.
Bars & Pubs: 120 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Clubs & Lounges: 120 employer businesses here. Typical sale multiple: 3.0x - 6.0x EBITDA.
Outdoor Recreation: 117 employer businesses here. Typical sale multiple: 2.0x - 4.0x SDE.
Golf Courses: 40 employer businesses here. Typical sale multiple: 8.0x - 11.0x EBITDA.
Arcades & FECs: 18 employer businesses here. Typical sale multiple: 2.1x - 3.6x SDE.
Bowling Alleys: 18 employer businesses here. Typical sale multiple: 3.0x - 5.0x EBITDA.
Event Venues. Typical sale multiple: 2.8x - 3.5x Earnings.
Banquet Halls. Typical sale multiple: 3.5x - 4.5x Earnings.
Escape Rooms. Typical sale multiple: 1.5x - 3.5x SDE.
Pet Services
205 related employer businesses in New Mexico.
Pet Grooming & Spas: 136 employer businesses here. Typical sale multiple: 2.0x - 3.0x SDE.
Boarding, Daycare & Training: 136 employer businesses here. Typical sale multiple: 3.0x - 4.5x EBITDA.
Pet Retail & Specialty Supplies: 69 employer businesses here. Typical sale multiple: 1.5x - 2.5x SDE + Inventory.
Mobile & In-Home Pet Care. Typical sale multiple: 1.5x - 2.5x SDE + Fleet.
Land & Agriculture
4 related employer businesses in New Mexico.
Agricultural Labor Contracting: 4 employer businesses here. Typical sale multiple: 2.4x - 6.09x EBITDA.
Crop Production. Typical sale multiple: 4.5x - 6.69x EBITDA.
Livestock & Ranching. Typical sale multiple: 3.0x - 5.76x EBITDA.
Agribusiness & Infrastructure. Typical sale multiple: 5.2x - 10.3x EBITDA.
AgTech & Precision Ag. Typical sale multiple: 8.3x - 12.1x EBITDA.
Agri-Tourism & Lifestyle. Typical sale multiple: 2.51x - 4.54x SDE.
E-commerce & Online Businesses
Amazon FBA Businesses. Typical sale multiple: 2.5x - 4.0x SDE + Inventory.
Online Marketplaces. Typical sale multiple: 3.5x - 6.0x SDE.
Metro areas in this state
Counties
Working with owners in New Mexico
Business Advisors of America works with owners who are selling a business in New Mexico. Contact us to talk about a sale.
FREQUENTLY ASKED QUESTIONS
Questions owners in New Mexico ask
How long does it take to sell a business in New Mexico?
The time depends on the price, the quality of the records and the number of qualified buyers. Many sales take six months or longer from the start of the process to closing.
How is a business valued in New Mexico?
Valuation starts with the earnings the business produces for an owner, then adjusts for assets, size, industry and the terms a buyer is likely to accept. The result is a range, and the asking price is set inside it.
Is the sale confidential?
Buyers are asked to sign a non-disclosure agreement before they see the name of the business or its financial statements.
What should I prepare before listing?
Three years of tax returns and profit and loss statements, a current balance sheet, the lease, a list of equipment and a summary of key contracts.
What is the difference between SDE and EBITDA?
SDE means seller's discretionary earnings, which is the owner's pay plus the profit of the business. EBITDA means earnings before interest, taxes, depreciation and amortization, and it is used for larger businesses that run without the owner.
FROM OUR BLOG
Guides for owners in New Mexico
October 3, 2025
Business Owners
Add-Backs: What Counts, What Does Not, and What Buyers Push Back On
Every add-back you can prove raises your sale price by two to three times its amount. Every add-back you cannot prove costs you credibility on all the others.
Read article
October 3, 2025
Business Owners
Add-Backs: What Counts, What Does Not, and What Buyers Push Back On
Every add-back you can prove raises your sale price by two to three times its amount. Every add-back you cannot prove costs you credibility on all the others.
Read article
March 5, 2026
Business Owners
Buyer Qualification: How We Screen Out the Buyers Who Cannot Close
Most inquiries on a business listing come from people who cannot close. Here is how they get screened out before they see your name or your financials.
Read article
March 5, 2026
Business Owners
Buyer Qualification: How We Screen Out the Buyers Who Cannot Close
Most inquiries on a business listing come from people who cannot close. Here is how they get screened out before they see your name or your financials.
Read article
February 9, 2026
Business Owners
The Confidential Information Memorandum: What Goes In It and Why
The CIM is the document a buyer reads before they decide to spend time on your business. Here is what it has to contain and the mistakes that cost sellers offers.
Read article
February 9, 2026
Business Owners
The Confidential Information Memorandum: What Goes In It and Why
The CIM is the document a buyer reads before they decide to spend time on your business. Here is what it has to contain and the mistakes that cost sellers offers.
Read article